On what was the economic boom based? Flashcards
when did the USA join the war?
1917
what industry did they take over in germany?
chemical industry
when was the first assembly line set up in?
1913
what was the name of the first mass produced car?
Model T Ford
how many cars in 1919 and 1929?
9 million
26 million
what percentage of glass was used in cars?
75%
how much did the industrial production increase in 1920s?
50%
how much was spent per year on advertising?
$3 billion
how many radios and cars were bought on credit?
8/10
6/10
what were the 5 republican policies from 1920s?
low taxation
import tarrifs
laissez faire
trusts
normalcy
what was Herbert Hoover’s saying ?
a chicken in every pot and a car in every garage
what was people’s state of mind?
spending is good
how many words per minute did margaret owen do?
150
how much was Ford’s workers paid?
$5 per day
how many cars did ford’s river rouge plant build per day?
2500
how many men worked at the river rouge plant?
80,000
how many immigrants worked at the river rouge plant?
70%
what did ford celebrate in 1924?
building of the 10th million Model T Ford
what ratio of americans owned a car?
1:5
how many radios by 1929?
10 million
what was used to keep workers in line?
plant protection service
what were symbols of wealth?
skyscrapers
what happed to roads in usa?
they doubled
how many millionares by 1928?
35,000
how much did GNP rise by in 1920s?
40%
how much did average income rise per person in 1920s?
27%
what percentage did the no. of households with flush toilets rise to?
51%
what percentage did the no. of households with vaccum cleaners rise to?
30%
what percentage did the no. of households with washing machines rise to?
24%
in 1929 what was the no. of unemployed people?
5.2 million
how many tonnes of steel produced by 1929?
54 million tonnes
how much did grosse point park in detroit grow by?
700%
